How to Properly Care for an Elderly Parent

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I recently experienced how frustrating the process of helping an aging parent through the bureaucratic nightmare of transitioning can be, after the loss of a spouse. About a year ago my father died. Calls were placed to various organizations to…

Four Ways to Help Aging Parents Handle Their Finances

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Americans are living longer, healthier lives, and that’s certainly a good thing. In addition, what we are seeing in our practice is that many of our clients have spent years planning their retirement finances very carefully,  as a result…

How I Spent My Summer Vacation

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There are numerous catch phrases around that speak to the activity of investing. One of the many oft quoted is, “Get out in May and stay away.” Over the last few months many of my clients were advised, based on their individual situations,…

Should You Play Offense or Defense?

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PLAYING OFFENSE The goal here is to score (i.e. make money in the market). In football, it means get the ball into the end zone. You get the most points from a touchdown, less points for a field goal and nothing if you have to give the ball…

It's the 2008 Crisis All Over Again... In Europe

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The equities markets have been back to their old tricks again, taking us on a roller coaster ride of volatility that seems to swing back and forth from euphoria to despair every other day. What’s going on? The answer brings to mind the…

A Sobering Wake-up Call

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In May, my family suffered a devastating tragedy when my sister-in-law, Tracy, passed away suddenly at the age of 40. Tracy was an absolute joy to be around and she was a terrific wife, mother, daughter, sister, aunt, and friend. She displayed…

Managing Debt in Tough Times

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In these times of economic turmoil and uncertain job prospects, a lot of families are wondering whether it might make sense to reduce their household “monthly overhead” by liquidating some of their investment assets to pay o debt. This issue…